Kenyan president vows to create enabling environment for small businesses

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NAIROBI, KENYA - 2020/03/15: President Uhuru Kenyatta speaks during a press conference at Harambee House in Nairobi where he reported two more cases of Coronavirus in the country, bringing the total number of those affected with the virus to three. The president stated that the two were in contact with the first victim of the virus who came to Kenya through United States of America via London. (Photo by Dennis Sigwe/SOPA Images/LightRocket via Getty Images)

Kenyan President Uhuru Kenyatta on Wednesday reiterated his administration’s commitment to continue creating a conducive environment for small-scale traders to succeed.

FILE PHOTO: President Uhuru Kenyatta speaks during a past press conference. (Photo by Dennis Sigwe/SOPA Images/LightRocket via Getty Images)

Kenyatta said his vision was to have micro, small and medium enterprises growing and creating employment for the many unemployed youth in the country.

Kenyatta spoke during an inspection of the National Cargo Deconsolidation Centre in the capital Nairobi which he said will make it easier for importers to grow their businesses due to its strategic location.

“As you can see my administration is ready to facilitate growth of your businesses. Through this new facility, we have the required capacity to continue supporting the growth of your businesses, which I know will also create opportunities for other Kenyans to earn their livelihoods,” he said.

Kenyatta added that the cost of local inspection of imported goods had been lowered to 0.6 percent of customs value from five percent.

According to the government, small and medium enterprises account for more than 80 percent of all the businesses countrywide. They also provide about 75 percent of jobs and nearly one-third of the annual gross domestic product.

Kenyatta also appealed to business operators to honour their tax obligations to enable the government to collect enough revenue to deliver key services to the nation.

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